- 94 -
19, 1993, from Revenue Agent Sherri Blackton to Special Agent
Linda Ford states with respect to the source of this deposit:
At 12:35 p.m. today, Mr. Larry Blackwater of
Community First Bank of Winter Garden returned my call.
I explained that I had a question regarding a deposit
made to Mr. Medlin’s account number 18066 on April 9,
1987 in the amount of $67,740. The deposited item we
received in response to the summons previously issued
to the bank indicated the money was transferred from
another account. (#1089234) I explained that I needed
to identify the originating account owner. * * *
* * * * * * *
At 1:08 p.m. Mr. Blackwelder called to report that
the originating account belonged to Mr. Medlin and that
he thought we were provided with copies of the
statements, etc. to that account. He stated his
research indicated that a $90,000 check from Orlando
Land and Investment, less a $22,260 cashier’s check,
was deposited to account number 1089234. The $67,740
was then immediately transferred to account number
18066.
A “Transfer of Funds” statement by Tucker State Bank states: “On
the date indicated above [4/9/87], we made the following transfer
of funds between your accounts, according to your instructions
received by phone * * *. We have charged your account for this
transfer From 1089234 to 00018066.” The statement is to “Walter
L. Medlin” and shows an amount of “$67,740.00”.
Orlando Land & Investment Co. issued a check dated April 3,
1987, for $90,000, which is payable to the order of petitioner
and which contains the notation “FOR Loan”. A deposit ticket for
62(...continued)
shows the type of account as a trust with a “separate agreement”,
and states an initial deposit of $67,740 having been made on
“4/8/87”.
Page: Previous 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 NextLast modified: May 25, 2011